Tamarack Valley Energy (TSE: TVE) is an oil and gas company involved in the identification, evaluation, and operation of resource plays in the Western Canadian Sedimentary Basin. The company uses a rigorous, proven modeling process to carefully manage risk and identify growth opportunities. Tamarack’s asset portfolio is focused in the Cardium and Viking light oil plays in Alberta. The company has assembled an extensive low-risk drilling inventory which offers paybacks of less than 1.5 years and can achieve sustainable growth under low commodity price scenarios.

Effective Rig Count up on reported rig counts EnerCom has released its latest Effective Rig Count, examining the state of drilling activity and the reported production from the major shale basins. The Effective Rig Count rose in October, reversing the past month’s decline. The Effective Rig Count is currently 2,780, up 14 from last month. This increase was entirely due[Read More…]